Top 33 Green Energy startups in Sweden

Sep 16, 2025 | By Alexander Gillet

1
Funding: $32M
Altris is a sodium-ion battery developer that focuses on enhancing energy storage efficiency and sustainability.
2
Funding: $18M
Emulate provides SaaS for utilities to offer behind-the-meter services and optimize demand flexibility with virtual battery technology.
3
Funding: €7.1M
Blixtis a company that offers semiconductor-based circuit breakers and household fuses.
4
Funding: $13.8B
Northvolt manufactures Li-ion battery cells for electric vehicles.
5
Funding: $710M
Aira operates as a clean energy-tech company driving the clean energy revolution with air source heat pumps.
6
Funding: $595.3M
VOI Technology owns, operates, and manages electric scooters for urban commuters in Stockholm.
7
Funding: $224.2M
Exeger Sweden AB develops flexible solar cells for self-powered gadgets
8
Funding: $181.2M
Tibber provides energy consumer services and learns to buy, save, and control electricity for homes. Stockholm wants to replace the original power company with an app to help you reduce your own electricity bill.
9
Funding: $157M
Elvy Energy provides a novel method of energy consumption through the installation of solar panels, heat pumps, and battery systems.
10
Funding: $156M
Qvantum is a comprehensive supplier of innovative and efficient electric heat-pumps.
11
Funding: $147.2M
Heart Aerospace is a Swedish startup making electric regional airplanes.
12
Funding: $121.4M
Cloover partners with renewable energy professionals to simplify and finance sustainable home upgrades, offering embedded financing options for technologies like solar panels, battery storage, heat pumps, and EV charging systems.
13
Funding: $113.1M
X Shore creates high performance all-electric powered boats that are changing and charging the boat industry for a fossil free tomorrow.
14
Funding: $70.3M
Minesto develops a revolutionary concept for generating electricity from the ocean that unlocks a so far untapped renewable energy resource.
15
Funding: $63.2M
Liquid Wind converts carbon dioxide (CO2) and wind energy to liquid fuel.
16
Funding: $58.2M
Flower is Flexible Power. Our vision extends beyond the energy transition, we aim to become the pioneering force powering the energy system of tomorrow.
17
Funding: €35M
SunRoof is a start-up developing fully solar 2-in-1 roofs and facades as well as solutions to support smart energy management.
18
Funding: €28.3M
ClimateView is a climate action technology company that combines scientific modelling, machine learning and interface design to help cities understand and act on the complex climate challenge, clearly.
19
Funding: $25.9M
Modvion develops modular wind power towers in composite materials.
20
Funding: €24M
Candela Speed Boat is a Sweden's electric boat startup
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com